Sentiment reportedly hacked for at the very least $500k

The DeFi lending platform Sentiment has probably been hacked, in line with an announcement from the venture on Twitter on April 4.

The venture’s workforce wrote that it has been “made conscious of a possible subject in regards to the Sentiment protocol” and is investigating the state of affairs.

Although Sentiment has not offered an evidence, varied members of the group have prompt that the venture has been hacked primarily based on blockchain information.

Developer Pascal Marco Caversaccio suggested that the incident is probably going the results of a reentrancy assault. This line of assault implies that an exterior contract repeatedly known as a susceptible Sentiment contract earlier than the latter contract’s standing may very well be up to date.

Developer Imaddin Amsif, in the meantime, suggested that the attacker particularly known as a self-destruct operate inside a Sentiment good contract.

Elsewhere, Spreek suggested that the attacker stole between $500,000 and $1 million through Arbitrum ― the blockchain on which Sentiment’s DeFi platform operates.

This piece shall be up to date as extra data turns into accessible.

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